
Earnings desk · August 10, 2026
Micron Trades at 6 Times Next-Year Earnings as SK Hynix's $38 Billion in New Capacity Stays Years Away
SEOUL, August 10. SK Hynix's board approved 54 trillion won, about $38 billion, for two new semiconductor fabrication plants last week, and the company's own construction schedule puts the first clean rooms in 2028 and 2029. That timeline…
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